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The Commissioners approved the budget for calendar year 2019. The unassigned fund balance at the beginning of the year was $25,000. No encumbrances were outstanding
The Commissioners approved the budget for calendar year 2019. The unassigned fund balance at the beginning of the year was $25,000. No encumbrances were outstanding and no supplies were on hand at the beginning or the end of the year.
Estimated revenues: | |||
Property Taxes | 500,000 | ||
Concession rentals | 180,000 | ||
User Charges | 85,000 | ||
765,000 | |||
Appropriations: | |||
Wages and salaries | 280,000 | ||
Capital Equipment | 250,000 | ||
Supplies | 60,000 | ||
590,000 | |||
Budgeted Increase in Fund Balance | 175,000 | ||
Actual Revenues | |||
Property Taxes | 420,000 | ||
Concession rentals | 185,000 | ||
User Charges | 85,000 | ||
690,000 | |||
Actual Expenditures | |||
Wages and salaries | 260,000 | ||
Capital Equipment | 238,000 | ||
Supplies | 61,000 | ||
559,000 |
If you were preparing the Statement of Revenues, Expenditures, and Changes in Fund balance what would be your reported revenues?
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